A Bitcoin-centric investor consortium anchored by Sora Ventures has finalized the acquisition of SGA Co., a KOSDAQ-listed system-integration leader in Seoul, injecting ₩34.49 billion (~$25 million) to accelerate the company’s pivot into digital-asset infrastructure and Bitcoin treasury strategies across Southeast Asia.
Deal at a Glance
| Metric | Details |
|---|---|
| Target Company | SGA Co., Ltd. (KOSDAQ: A058850) |
| Lead Investors | Sora Ventures, AsiaStrategy, KCGI, Metaplanet CEO Simon Gerovich |
| Funding | 58,862,249 new common shares @ ₩586 ≈ $25 million |
| Lock-Up | 12 months under Korea Securities Depository custody |
| Largest Stake | AsiaStrategy (47.2 M shares ≈ 80% of raise) |
| Strategic Focus | Bitcoin treasury model, tokenized real-world assets, Southeast Asia expansion |
Strategic Rationale: Building Asia’s Next Bitcoin-Powered Conglomerate
The acquisition mirrors the Metaplanet playbook—converting corporate cash into Bitcoin and leveraging investor expertise to unlock growth across education, public-sector, and fintech verticals.
